TVS Motor Company Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Excellent return on equity (ROE 33.6%)
- Efficient capital deployment (ROCE 17.4%)
Concerns
- High premium to book value (P/B 20.6x)
- Heavy debt load (D/E 3.4x)
Today's Price Action
The stock closed at ₹4,133.1 with zero percent change from the previous session. Trading volume matched the 20‑day average at 4,24,477 shares, indicating that current activity aligns with typical liquidity patterns for the instrument.
Valuation Snapshot
TVS Motor Company Limited trades at a P/E of 59.1, markedly higher than the industry norm where the sector P/E is effectively zero due to a mix of loss‑making peers. The company’s ROE of 33.6 % signals strong profit generation relative to shareholders’ equity, suggesting quality earnings despite the elevated earnings multiple.
Key Levels to Watch
The share price sits about ₹704 above the 52‑week low of ₹3,228 and ₹352 below the 52‑week high of ₹4,485, positioning it nearer the upper end of its annual range. Open‑interest data (not disclosed) would typically be examined for nearby support or resistance zones; however, the current price is firmly within the mid‑high corridor of its yearly swing.
Chart Pattern
In the last ten trading days, the daily chart displayed a Dragonfly Doji (bullish) two sessions ago and a Hammer (bullish) three sessions ago, followed by a Bearish Engulfing candle four sessions ago. These formations appeared on the daily timeframe and collectively illustrate a short‑term indecision phase transitioning into a potential reversal pattern.
Data Summary
Key metrics include a market‑capitalisation figure listed as ₹0 Cr, a P/B of 0 (implying a book‑value‑based valuation advantage), and a stable trading volume that mirrors its recent average. The price range of ₹3,228 – ₹4,485 over the past year frames the current level at ₹4,133.1, offering a reference point for future price action.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| MARUTI Maruti Suzuki India Limited | ₹12,694 | ₹4.0L Cr | 27.8 | 3.72 | 14.3 | 18.9 | 0 |
| M&M Mahindra & Mahindra Limited | ₹3,170 | ₹3.9L Cr | 20.6 | 4.23 | 20.3 | 15.1 | 1.53 |
| BAJAJ-AUTO Bajaj Auto Limited | ₹11,919 | ₹3.3L Cr | 27.8 | 8.58 | 29.2 | 28.2 | 0.58 |
| EICHERMOT Eicher Motors Limited | ₹7,631 | ₹2.1L Cr | 36 | 8.34 | 24 | 30.5 | 0.02 |
| HYUNDAI Hyundai Motor India Limited | ₹2,205 | ₹1.8L Cr | 36.2 | 8.96 | 29.9 | 38.4 | 0.05 |
| MOTHERSON Samvardhana Motherson International Limited | ₹161 | ₹1.7L Cr | 37.1 | 4.14 | 11.2 | 13.4 | 0.53 |
| BOSCHLTD Bosch Limited | ₹46,820 | ₹1.4L Cr | 58.4 | 9.3 | 14.6 | 21.5 | 0.01 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
TVSMOTOR · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 50.27% | 50.27% | 50.27% | 50.27% | 50.27% | 50.27% |
| FII | 19.27% | 20.83% | 21.05% | 22.33% | 21.20% | 21.48% |
| DII | 21.79% | 20.26% | 20.13% | 19.02% | 19.99% | 19.73% |
| Public | 8.68% | 8.64% | 8.56% | 8.33% | 8.45% | 8.45% |
| Others | — | — | — | 0.07% | 0.07% | 0.07% |
Corporate Events
TVS Motor Company Limited has informed the Exchange about Board Meeting to be held on 21st July 2026 to consider and approve the financial results for the period ended Jun 30, 2026 and Fund Raising
To consider and approve inter alia, annual audited financial results for the year ended 31st March 2026 (Standalone and Consolidated)
Interim Dividend - Rs 12 Per Share
Record: 30 Mar 2026
Scheme Of Arrangement - Bonus Ncrps 4:1
Interim Dividend - Rs 10 Per Share
Interim Dividend - Rs 8 Per Share
Latest News
All newsTVS Motor appoints Peyman Kargar as CEO
*TVS Motor appoints Peyman Kargar as CEO.* TVS Motor Company has appointed Peyman Kargar as its new Director and Chief Executive Officer, effective August 28, 2026. This leadership change marks a strategic shift in the company's top management. The move signals renewed focus on global expansion and electric mobility. 📊 *STOCKS:* $TVSMOTOR | 🏢 *SECTOR:* Auto | #HIGHIMPACT #LeadershipChange
TVS Motor's preference shares to stop trading from Aug 21
*TVS Motor's preference shares to stop trading from Aug 21* due to maturity. Trading in Cumulative Non-Convertible Redeemable Preference Shares (ISIN: INE494B04019) will be suspended effective **August 21, 2026**. This is a routine action following the instrument's maturity. No impact expected on equity shares. 📊 *STOCKS:* $TVSMOTOR | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #PreferenceShares
TVS Motor to merge credit and housing finance arms
*TVS Motor to merge its finance subsidiaries including TVS Credit and TVS Housing Finance.* The move aims to streamline operations and enhance financial synergy. The amalgamation involves GST Home India, STPL Trading, and other group firms. Approval details and timelines await further disclosure. 📊 *STOCKS:* TVSMOTOR, TVSCREDIT | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #Merger
TVS Motor hosts analyst meet; updates discussed
*TVS Motor hosts analyst meet; updates discussed.* The company provided insights during its investor interaction, covering recent performance and future outlook. No major announcements were made, but guidance and operational updates were shared. Traders may assess sentiment from institutional feedback. 📊 *STOCKS:* TVSMOTOR | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #AnalystMeet
TVS Motor launches new Callisto 110 scooter in Jakarta
*TVS Motor launches new Callisto 110 scooter in Jakarta* — TVS Motor Company has launched the all-new Callisto 110 in Jakarta, targeting urban commuters with enhanced comfort and modern design. The launch marks a strategic expansion in the Indonesian market. **No price or volume figures** were disclosed in the press release. 📊 *STOCKS:* TVSMOTOR | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #ProductLaunch
TVS Motor rolls out one millionth iQube EV
*TVS Motor rolls out one millionth iQube EV* — TVS Motor celebrated the production of its one millionth iQube electric scooter, marking a key milestone in India’s EV adoption. The achievement underscores the company’s growing influence in the electric two-wheeler segment. 📊 *STOCKS:* TVSMOTOR | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #EV
TVS Motor launches new Jupiter Dual Tone scooter variant
*TVS Motor launches new Jupiter Dual Tone scooter variant.* The company introduced the TVS Jupiter Dual Tone Spectral Range on August 27, 2026, aiming to boost appeal in the premium scooter segment. The new variant features updated styling and color options but no major technical upgrades. This product expansion may support sales volume but isn't expected to significantly alter margins. 📊 *STOCKS:* $TVSMOTOR | 🏢 *SECTOR:* Auto | #LOWIMPACT #ProductLaunch
TVS Motor launches special edition iQube for 1M milestone
*TVS Motor launches special edition iQube for 1M milestone.* The company unveiled the 'MillionR Special Edition' to mark crossing one million iQube electric scooter customers. The new variant celebrates the sales milestone with unique features and design elements. Production and delivery timelines remain unchanged. 📊 *STOCKS:* $TVSMOTOR | 🏢 *SECTOR:* Auto | #LOWIMPACT #ProductLaunch
TVS Motor files general updates under SEBI norms
*TVS Motor files general updates under SEBI norms* as per Schedule III of LODR Regulations. The filing is a routine compliance disclosure with no specific financial or operational details revealed. Such updates are standard and do not indicate immediate business changes. 📊 *STOCKS:* TVSMOTOR | 🏢 *SECTOR:* Auto | #LOWIMPACT #corporate
TVS Motor to hold shareholder meeting on July 22, 2026
*TVS Motor to hold shareholder meeting on July 22, 2026.* The event is a routine corporate disclosure per regulatory requirements. No immediate financial or operational changes announced. Investors may anticipate updates on dividends or strategic direction during the meeting. 📊 *STOCKS:* TVSMOTOR | 🏢 *SECTOR:* Auto | #LOWIMPACT #ShareholderMeeting
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹14.8K Cr 5.0% | ₹14.1K Cr 15.1% | ₹12.2K Cr 5.8% | ₹11.5K Cr 4.6% | ₹11.0K Cr 2.4% | ₹11.3K Cr 9.6% | ₹10.3K Cr 3.7% | ₹9.9K Cr |
| Op. Profit | ₹2.3K Cr 7.4% | ₹2.1K Cr 17.0% | ₹1.8K Cr 5.3% | ₹1.9K Cr 16.6% | ₹1.6K Cr 0.6% | ₹1.6K Cr 13.5% | ₹1.4K Cr 1.6% | ₹1.5K Cr |
| OPM | 15.0% 0.0% | 15.0% 0.0% | 15.0% 6.3% | 16.0% 6.7% | 15.0% 7.1% | 14.0% 0.0% | 14.0% 6.7% | 15.0% |
| Net Profit | ₹891 Cr 7.0% | ₹833 Cr 29.5% | ₹643 Cr 7.9% | ₹698 Cr 14.6% | ₹609 Cr 3.6% | ₹588 Cr 21.2% | ₹485 Cr 17.7% | ₹412 Cr |
| EPS (₹) | 17.71 5.8% | 16.74 30.4% | 12.84 5.9% | 13.64 14.5% | 11.91 0.9% | 11.8 21.6% | 9.7 19.0% | 8.15 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹56.1K Cr 27.2% | ₹44.1K Cr 13.7% | ₹38.8K Cr 21.3% | ₹32.0K Cr 31.3% | ₹24.4K Cr 25.4% | ₹19.4K Cr 3.0% | ₹18.8K Cr 6.5% | ₹20.2K Cr 23.4% | ₹16.3K Cr 31.1% | ₹12.5K Cr |
| Expenses | ₹47.7K Cr 27.2% | ₹37.5K Cr 12.5% | ₹33.3K Cr 19.3% | ₹27.9K Cr 29.4% | ₹21.6K Cr 25.7% | ₹17.2K Cr 3.6% | ₹16.6K Cr 7.8% | ₹18.0K Cr 21.9% | ₹14.8K Cr 27.4% | ₹11.6K Cr |
| Op. Profit | ₹8.4K Cr 26.8% | ₹6.6K Cr 21.2% | ₹5.4K Cr 35.0% | ₹4.0K Cr 46.2% | ₹2.8K Cr 23.4% | ₹2.2K Cr 1.4% | ₹2.3K Cr 4.7% | ₹2.2K Cr 37.7% | ₹1.6K Cr 80.4% | ₹871 Cr |
| OPM | 15.0% 0.0% | 15.0% 7.1% | 14.0% 7.7% | 13.0% 18.2% | 11.0% 0.0% | 11.0% 8.3% | 12.0% 9.1% | 11.0% 10.0% | 10.0% 42.9% | 7.0% |
| Other Income | ₹-28 Cr 132.6% | ₹86 Cr 34.4% | ₹131 Cr 3.7% | ₹136 Cr 2820.0% | ₹-5 Cr 113.9% | ₹36 Cr 200.0% | ₹12 Cr 52.0% | ₹25 Cr 64.8% | ₹71 Cr 56.4% | ₹163 Cr |
| Interest | ₹2.2K Cr 6.5% | ₹2.1K Cr 9.2% | ₹1.9K Cr 40.1% | ₹1.4K Cr 45.5% | ₹940 Cr 6.7% | ₹881 Cr 3.0% | ₹855 Cr 29.0% | ₹663 Cr 96.2% | ₹338 Cr 463.3% | ₹60 Cr |
| Depreciation | ₹1.3K Cr 21.7% | ₹1.0K Cr 9.4% | ₹956 Cr 11.3% | ₹859 Cr 15.6% | ₹743 Cr 31.5% | ₹565 Cr 1.6% | ₹556 Cr 25.8% | ₹442 Cr 18.2% | ₹374 Cr 18.0% | ₹317 Cr |
| PBT | ₹4.8K Cr 36.4% | ₹3.5K Cr 31.3% | ₹2.7K Cr 39.1% | ₹1.9K Cr 81.4% | ₹1.1K Cr 29.8% | ₹822 Cr 5.0% | ₹865 Cr 20.1% | ₹1.1K Cr 16.3% | ₹931 Cr 41.5% | ₹658 Cr |
| Tax % | 34.0% 3.0% | 33.0% 2.9% | 34.0% 6.3% | 32.0% 3.2% | 31.0% 19.2% | 26.0% 4.0% | 25.0% 24.2% | 33.0% 13.8% | 29.0% 26.1% | 23.0% |
| Net Profit | ₹3.2K Cr 33.9% | ₹2.4K Cr 33.8% | ₹1.8K Cr 35.9% | ₹1.3K Cr 79.1% | ₹731 Cr 20.2% | ₹608 Cr 6.0% | ₹647 Cr 10.8% | ₹725 Cr 9.0% | ₹665 Cr 30.6% | ₹509 Cr |
| EPS (₹) | 63.53 35.0% | 47.06 32.6% | 35.5 26.9% | 27.97 75.6% | 15.93 27.3% | 12.51 4.9% | 13.15 11.3% | 14.83 8.0% | 13.73 27.6% | 10.76 |
| Div Payout | 19.0% 9.5% | 21.0% 8.7% | 23.0% 27.8% | 18.0% 25.0% | 24.0% 14.3% | 28.0% 3.7% | 27.0% 12.5% | 24.0% 0.0% | 24.0% 4.3% | 23.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹48 Cr 0.0% | ₹48 Cr 0.0% | ₹48 Cr 0.0% | ₹48 Cr 0.0% | ₹48 Cr 0.0% | ₹48 Cr 0.0% | ₹48 Cr 0.0% | ₹48 Cr 0.0% | ₹48 Cr 0.0% | ₹48 Cr |
| Reserves | ₹8.1K Cr 4.6% | ₹8.5K Cr 25.5% | ₹6.7K Cr 23.4% | ₹5.5K Cr 25.4% | ₹4.4K Cr 15.2% | ₹3.8K Cr 16.8% | ₹3.2K Cr 3.6% | ₹3.1K Cr 18.7% | ₹2.6K Cr 21.3% | ₹2.2K Cr |
| Borrowings | ₹31.6K Cr 10.4% | ₹28.6K Cr 10.0% | ₹26.0K Cr 16.2% | ₹22.4K Cr 41.4% | ₹15.8K Cr 30.0% | ₹12.2K Cr 5.1% | ₹11.6K Cr 24.7% | ₹9.3K Cr 34.2% | ₹6.9K Cr 428.5% | ₹1.3K Cr |
| Other Liabilities | ₹12.2K Cr 16.0% | ₹10.5K Cr 14.1% | ₹9.2K Cr 29.3% | ₹7.1K Cr 6.8% | ₹6.7K Cr 14.2% | ₹5.9K Cr 33.2% | ₹4.4K Cr 4.0% | ₹4.2K Cr 17.9% | ₹3.6K Cr 37.9% | ₹2.6K Cr |
| Total Liabilities | ₹51.9K Cr 9.0% | ₹47.7K Cr 13.4% | ₹42.0K Cr 20.0% | ₹35.0K Cr 30.1% | ₹26.9K Cr 23.1% | ₹21.9K Cr 13.5% | ₹19.3K Cr 15.4% | ₹16.7K Cr 26.6% | ₹13.2K Cr 115.2% | ₹6.1K Cr |
Assets | ||||||||||
| Fixed Assets | ₹9.1K Cr 19.7% | ₹7.6K Cr 29.8% | ₹5.9K Cr 2.5% | ₹5.7K Cr 3.8% | ₹6.0K Cr 41.6% | ₹4.2K Cr 10.8% | ₹3.8K Cr 13.2% | ₹3.4K Cr 8.8% | ₹3.1K Cr 31.0% | ₹2.4K Cr |
| CWIP | ₹701 Cr 52.2% | ₹1.5K Cr 41.8% | ₹1.0K Cr 39.0% | ₹743 Cr 34.6% | ₹552 Cr 47.0% | ₹1.0K Cr 3.5% | ₹1.0K Cr 35.0% | ₹745 Cr 138.0% | ₹313 Cr 389.1% | ₹64 Cr |
| Investments | ₹1.3K Cr 5.5% | ₹1.2K Cr 11.0% | ₹1.1K Cr 16.1% | ₹967 Cr 59.8% | ₹605 Cr 29.3% | ₹468 Cr 26.1% | ₹371 Cr 15.7% | ₹440 Cr 4.5% | ₹421 Cr 63.5% | ₹1.2K Cr |
| Other Assets | ₹40.8K Cr 9.3% | ₹37.3K Cr 9.8% | ₹34.0K Cr 23.3% | ₹27.6K Cr 39.3% | ₹19.8K Cr 22.6% | ₹16.1K Cr 14.6% | ₹14.1K Cr 16.0% | ₹12.1K Cr 29.7% | ₹9.4K Cr 267.6% | ₹2.5K Cr |
| Total Assets | ₹51.9K Cr 9.0% | ₹47.7K Cr 13.4% | ₹42.0K Cr 20.0% | ₹35.0K Cr 30.1% | ₹26.9K Cr 23.1% | ₹21.9K Cr 13.5% | ₹19.3K Cr 15.4% | ₹16.7K Cr 26.6% | ₹13.2K Cr 115.2% | ₹6.1K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹3.5K Cr 379.6% | ₹-1.3K Cr 71.6% | ₹-4.4K Cr 179.7% | ₹-1.6K Cr 236.8% | ₹1.2K Cr 208.6% | ₹373 Cr 140.6% | ₹-918 Cr 359.3% | ₹354 Cr 48.6% | ₹689 Cr 26.4% | ₹936 Cr |
| Investing CF | ₹-2.9K Cr 95.7% | ₹-1.5K Cr 13.2% | ₹-1.3K Cr 11.1% | ₹-1.5K Cr 66.8% | ₹-882 Cr 19.1% | ₹-1.1K Cr 1.3% | ₹-1.1K Cr 0.8% | ₹-1.1K Cr 54.4% | ₹-709 Cr 17.2% | ₹-605 Cr |
| Financing CF | ₹1.2K Cr 64.3% | ₹3.2K Cr 47.1% | ₹6.1K Cr 109.7% | ₹2.9K Cr 1005.3% | ₹264 Cr 83.7% | ₹1.6K Cr 26.7% | ₹2.2K Cr 146.4% | ₹897 Cr 1620.3% | ₹-59 Cr 81.5% | ₹-319 Cr |
| Net Cash Flow | ₹1.8K Cr 248.3% | ₹505 Cr 24.4% | ₹406 Cr 417.2% | ₹-128 Cr 124.1% | ₹532 Cr 41.0% | ₹902 Cr 379.8% | ₹188 Cr 20.5% | ₹156 Cr 297.5% | ₹-79 Cr 758.3% | ₹12 Cr |
| Free Cash Flow | ₹1.0K Cr 144.2% | ₹-2.4K Cr 58.7% | ₹-5.7K Cr 126.2% | ₹-2.5K Cr 1215.0% | ₹227 Cr 136.8% | ₹-617 Cr 69.9% | ₹-2.0K Cr 181.7% | ₹-727 Cr 1218.5% | ₹65 Cr 84.7% | ₹424 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 14d 17.6% | 17d 21.4% | 14d 22.2% | 18d 5.3% | 19d 32.1% | 28d 0.0% | 28d 16.7% | 24d 14.3% | 21d 31.3% | 16d |
| Inventory Days | 33d 2.9% | 34d 0.0% | 34d 8.1% | 37d 5.1% | 39d 11.4% | 35d 2.9% | 34d 0.0% | 34d 27.7% | 47d 17.5% | 40d |
| Days Payable | 103d 3.0% | 100d 12.4% | 89d 15.2% | 105d 13.2% | 121d 28.7% | 94d 13.3% | 83d 3.5% | 86d 7.5% | 80d 8.1% | 74d |
| Cash Conv. Cycle | -56d 14.3% | -49d 19.5% | -41d 18.0% | -50d 20.6% | -63d 103.2% | -31d 47.6% | -21d 25.0% | -28d 133.3% | -12d 33.3% | -18d |
| Working Capital Days | -17d 15.0% | -20d 59.2% | -49d 22.5% | -40d 5.3% | -38d 40.7% | -27d 2600.0% | -1d 97.3% | -37d 54.2% | -24d 20.0% | -20d |
| ROCE | 15.0% 0.0% | 15.0% 15.4% | 13.0% 18.2% | 11.0% 0.0% | 11.0% 15.4% | 13.0% 18.8% | 16.0% 15.8% | 19.0% 13.6% | 22.0% 0.0% | 22.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About TVS Motor Company Limited
TVS Motor Company Ltd (TVSM) is engaged in manufacturing two-wheelers and its accessories; it currently manufactures a wide range of two-wheelers and three-wheelers. [1]
Automobile and Auto ComponentsAutomobiles